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The value proposition of bitcoin was a mathematical limit of supply in a decentralized currency. A million currencies per day popping up essentially kills the
by brightball 8y ago
The value proposition of bitcoin was a mathematical limit of supply in a decentralized currency.
A million currencies per day popping up essentially kills the supply limit which causes rapid, catastrophic inflation.
It’s exactly the same thing as printing money with a whole lot of people trying their hardest to convince that it’s not.